Friday, December 20, 2013

OSU Prof Explains Why Canadians Have More Freedom

Canadians have more economic freedom than residents of the United States. Ohio State University economics professor Todd Nesbit explains how economic freedom is measured, and why the U.S. is inferior to its northern neighbor. The study was done before Obamacare was implemented, and professor Nesbit explains why Ohio has fallen in ranking when it comes to economic freedom.

He also explains why raising the minimum wage would be bad for long-term workforce development, even though only 97% of workers make more than the minimum wage.